CapitalOne Offering 0% APR on Transfers Until Sept. 2010
If you have excellent credit and carry a balance on your credit card, you may want to consider getting the Capital One Platinum Prestige Credit Card.
The card offers 0% APR on transfers until September 2010 and 0% APR on purchases until September 2010 with no annual fee. Transfers are processed in as little as 48 hours.
After September 2010, your variable rate will be about 8.75% plus prime and however, by then you maybe able to find another card with a similar offer.
As stated, this card is only for people with excellent credit which CapitalOne defines as people who had a credit card or loan for at least 5 years, a credit card with a limit greater than $10,000, never declared bankruptcy and never had more than 60 days late on a credit card, loan, or medical bill.
For more information visit CapitalOne.com.
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6:55 pm on September 28th, 2009
DON’T Believe a word Capital One Says!!!
They will raise your interest rate, i.e. I had their card for over 5 years, always paid more than minimum, paid early, never missed a payment. They rewarded me by raising my interest rate. I paid off the account, I over paid by $180 closed the account, it has been almost 3 weeks, still can’t get my $180 back, now they say it takes an additional 7 business days and 10 days to mail a check. They will not return it electronically. I should get 16% interest like they charged me. Run away from this company, unfair business practices.